blackFLAG FTS - SwingArm Trend Indicator using ATRTrailing Stop and Fibonacci Retracements

[ajai]

hey Jose,
great contribution.What day support zone indicator you have.I could not find it.

 

[BenTen]

@ajai Are you referring to the Daily Support and Resistance zones? If so, you can find it here.

 

[akshata]

I would love to see a video to see how to set this up. I will benefit (I have never seen it done) Others will as well. Thank you for posting

I created the watchlist with the code by following the youtube video at

 

[Playstation]

@Craighaber71 wow this is amazing! You managed to code it!

 

[Playstation]

Next, I look up order flows of AMN, and found the below.
Homework is done, the rest is your own judgement and action.

 

[Ramesh16]

@Playstation The Columns represent the color of the swingarm on my watchlist...

Excellent work here, could you please post the code. Thanks a lot.

 

[Ramesh16]

Excellent work here, could you please post the code. Thanks a lot.

got it

 

[dinodotcom]

My apologies if this has been addressed earlier, however, is there a scan for this strategy? Specifically to scan for stocks that are above or below the swing arm? If not how would one code this into a scan?

 

[Ishaam]

@Playstation , I would like to setup the following columns for 1min, 5min, 15min and 1hr, can you please advise if I only need to change the
ATRPeriod variable in order to plot the results for the respective timeframes as I have it below?

input ATRPeriod = 1;
input ATRPeriod = 5;
input ATRPeriod = 15;
input ATRPeriod = 60;

Thanks.

 

[BenTen]

If you guys need help setting up the scanner for SwingArm, please take a look at this video:

 

[Craighaber71]

@Craighaber71 Hey Ben....If you put audio on your video and explained what your doing it might be easier to follow....Some parts of the video I had no idea what was going on...Just a thought...Cheers

 

[BenTen]

@Craighaber71 Hey, thank you for your feedback. Audio is working fine on my end. Are you having trouble hearing the sound? By the way, the video was created by @greygoose. All credit goes to him

 

[technicallydreaming]

I am having trouble opening up the shared 5 min bullish alert. When I go to the link and open in it in ToS it says "error, contact tech support"

 

[greygoose]

@Craighaber71 Hey Ben....If you put audio on your video and explained what your doing it might be easier to follow....Some parts of the video I had no idea what was going on...Just a thought...Cheers

@Craighaber71
id be happy to help. Are you referring to the video in post #155. Not sure what you mean by "if you put audio on your video....". contact me i'd be happy to help, or provide more details in your post so i can help. im around most of the night

 

[[deleted]13]

That would be amazing!

We did today. It will be posted to this forum soon.

 

[dominos101]

I am having trouble opening up the shared 5 min bullish alert. When I go to the link and open in it in ToS it says "error, contact tech support"

Yes, the alerts aren't opening up for some reason. Anyone know why?

 

[Playstation]

You don't need to change any of the script, just change the aggregation period to set the individual columns in the watchlist.

 

[dreamb0x]

i tried to setup this alert following the video. but i got an error like this. any guidance?

 

[Playstation]

no, don't use script editor to set conditions.
just locate the study, set it to either max or min, is true within X bars, and that's all.

 

[Ishaam]

Hi All,

I'm a bit confused with the codes for the scanners, I am aware that there is a separate buy scanning code and sell scanning code for the swingarms, however there was code released that seems to put all of this together for both buy and sell signals, code is from @Craighaber71 . I would like to confirm if this code provides valid signals, I have set it up on my end but am unable to monitor it until the market opens again. Thanks

input trailType = {default modified, unmodified};
input ATRPeriod = 28;
input ATRFactor = 5;
input firstTrade = {default long, short};
input averageType = AverageType.WILDERS;
input fib1Level = 61.8;
input fib2Level = 78.6;
input fib3Level = 88.6;
Assert(ATRFactor > 0, "'atr factor' must be positive: " + ATRFactor);
def trail = ATRTrailingStop(trailType, ATRPeriod, ATRFactor, firstTrade, averageType);
def stateLong = low > trail[1];
def stateShort = high < trail[1];
def BuySignal = Crosses(stateLong, 0, CrossingDirection.ABOVE);
def SellSignal = Crosses(stateShort, 0, CrossingDirection.ABOVE);
def ex = if BuySignal then high else if SellSignal then low else if stateLong then Max(ex[1], high) else if stateShort then Min(ex[1], low) else ex[1];
def TrailingStop = trail;
def Extremum = ex;
def f1 = ex + (trail - ex) * fib1Level / 100;
def f2 = ex + (trail - ex) * fib2Level / 100;
def f3 = ex + (trail - ex) * fib3Level / 100;
def l100 = trail + 0;
def Fib1 = f1;
def Fib2 = f2; def Fib3 = f3;
plot data = f1 > f2;
AssignBackgroundColor(if f1 > f2 then Color.GREEN else Color.RED);